US Treasury to Buy Up to $6 Billion in Long-Dated Debt

The US Treasury will purchase up to $6 billion of longer-dated government debt in the first operation under an expanded buybacks program. It’s part of Treasury Secretary Scott Bessent’s effort to stem the rise in borrowing costs. Bloomberg’s Michael McKee has the breaking news and immediate market reaction.
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US Treasury to Buy Up to $6 Billion in Long-Dated Debt

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